How much is it worth? Nowadays, a 1973 penny (yes, even one in worn condition) is worth about 2 cents. Typical uncirculated specimens are worth 10 to 30 cents. The most valuable 1973 penny ever sold was graded MS67+RD by Professional Coin Grading Service.
Is there a 1973 steel penny?
The coin is a [magnetic] steel or zinc coated 1973 D Lincoln cent. The detail of the coin is pristine, so the previous owner must have taken great care of it. It doesn’t appear as if someone just went and dipped it.
What years did the US Mint make steel pennies?
1943 steel cents are U.S. one-cent coins that were struck in steel due to wartime shortages of copper. The Philadelphia, Denver, and San Francisco mints each produced these 1943 Lincoln cents….1943 steel cent.
| Thickness | 1.55 mm |
| Edge | Plain |
| Composition | 99% steel with a thin layer of zinc |
| Years of minting | 1943 |
| Obverse |
|---|
Why did they start minting aluminum pennies in 1973?
Additionally, aluminum takes less of a toll on the die used to mint coins, which also brought manufacturing costs down. The Mint went forward with their plan. They struck more than 1.5 million new aluminum pennies in 1973 for intended release in 1974. Opposition to the plan, however, was immediate.
Where was the 1973 Lincoln penny minted?
Interestingly, there were only 300 million Lincoln cents minted in San Francisco in 1973, which is 10 times less than either Denver or Philadelphia, yet the value of a 1973 S Lincoln cent in MS-70 is also only about $9. So the special thing about the 1973 penny is that perhaps it’s not so special.
What kind of metal is in 1983 Penny?
**exception 1983 – rare 1983 error copper minted pennies. The composition materials in pennies are primarily zinc. Zinc prices have risen as of late. Inflation is rising as well. Consumers using the penny may find less in circulation due to rising costs to mint the coin. In addition, penny composition has been speculated to change.
Which is more valuable 1973 Penny or Philadelphia Penny?
At some point in the future, even the 1973 D might wind up being significantly more valuable than its Philadelphia counterpart, so it would be wise to know this and other tricks for spotting counterfeit coins.
